Leasing action on the fringe of the financial district has been brisk. Italy’s leading bank, Intesa Sanpaolo Bank Ltd is expanding and has just moved into larger offices in South Beach Tower on Beach Road, relocating from Suntec Tower 4. Sony Interactive has recently secured new premises in Duo Tower and will be moving from Central Mall later this year, representing quite an upgrade for them.
Finally, iconic law firm Lee & Lee has just secured new office premises at 25 North Bridge Road, formerly known as EFG Bank Building. They are leasing over 15,000 sq ft spread over three floors. They are currently located at Singapore Land Tower, which is scheduled for major refurbishment. The proximity to the law courts from North Bridge Road would obviously have been an influencing factor, as well as being a newer building.
For more information, view our latest
Office Market Update